Finance

Dell Technologies shares surged approximately 33% in a single session after the company reported first-quarter results that significantly exceeded analyst expectations. The hardware maker attributed the growth to robust demand for AI computing infrastructure, prompting a wider rally across semiconductor and server-related equities.

The 30-year U.S. Treasury yield rose to 5.2% in late May, its highest point since 2007, as persistent inflation and geopolitical tensions in the Middle East pressured the bond market. This surge in long-term rates has increased borrowing costs across the economy and challenged traditional balanced investment portfolios.

Brent crude oil prices fell to approximately $91.70 per barrel on May 29, reflecting a monthly decline of nearly 17%. The downward trend follows reports of a potential 60-day truce extension between the U.S. and Iran, easing market concerns over energy supply disruptions in the Strait of Hormuz.